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So it is share consolidation plus rights and free warrants. My advice ... sell before due date. If you didnt sell you have to pay another sum for the right issue inorder to get free warrants. I always ask, why should investor pay another sum when this counter is not even performing. If i were you get out, let them do whatever exercise , if still madly in love with this junk, buy again after exercise complete. Better still, buy other counter
Not compulsory to subscribe the rights issue, but you will not get the free warrants that come with the right issue. Be warned the price will not be consolidated due to the right issue and free warrants. If you didnt subs the rights = you automatically lost money after due date.
MK Adnan, there could be little push up initially before going down. Some operator already inside will find exit with some profit. they will puah the price initially but not for long. From previous experience.